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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: kidl who wrote (156885)	9/12/2011 4:32:26 PM
From: upanddown	13 Recommendations Read Replies (2) of 206092

Singling out hedge fund managers is nothing but a publicity stunt. Publicity stunt? How about some basic fairness? Why should hedge fund managers have their 20% rake off of profits taxed at capital gains rates when their own capital is not at risk? It's other people's money at risk. It's payment for investment management services. How is that not ordinary income? The hedgies didn't help their cause when this guy made the most disgusting comment I've heard in years. A Jewish hedge fund manager worth $8 billion says... “It’s a war,” Schwarzman said of the struggle with the administration over increasing taxes on private-equity firms. “It’s like when Hitler invaded Poland in 1939.”

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